What is the best cryptocurrency exchange for a beginner to start trading Bitcoin in the U.S.?

What is the best cryptocurrency exchange for a beginner to start trading Bitcoin in the U.S.?

Ralph   

Investing or trading in Bitcoin or other cryptocurrencies can be intimidating at first. There is frequently news about scams and people losing money. While this is true, and many scams have happened and continue to happen, it has never been so simple to invest in cryptocurrency. So much has advanced in the last few years that have made crypto trading safe and easy.



Click To exchange bitcoin to Paypal

The foremost concern when trading and purchasing Bitcoin, or other cryptocurrencies, is safety and security. Whether you intend to purchase and hold long term, want to trade frequently, are interested in anonymity or privacy, or simply want ease of use, the following exchanges are the best for any use case you may have.

This list covers the best exchanges for certain types of traders as well as the best exchanges within each type of exchange. There are a number of ways to go about investing in Bitcoin or other cryptocurrencies. To learn more about how the different exchange types differ, please read on after the list of exchanges. Once you have decided on an exchange, it is important to also practice safe storage.

Best Crypto Exchanges

Coinbase

The most widely known and used cryptocurrency exchange in the United States is Coinbase. Coinbase was founded in 2012, not very long after the release of Bitcoin’s code in 2009, and is a fully regulated and licensed cryptocurrency exchange. Coinbase currently has licenses to operate in over 40 U.S. states and territories.

Cash App

Cash App is a peer-to-peer money transfer system much like Venmo. This type of service allows users to split food, pay rent to a roommate, or even shop online at a retailer that supports Cash App. Cash App can essentially act as a bank account and users can have their own Cash App debit cards. This service is very convenient by itself, but Cash App has even more features.

Binance:

The Binance exchange is an exchange founded in 2017 with a strong focus on altcoin trading. Binance offers nearly 600 different trading pairs between different cryptocurrencies. It does offer some fiat/crypto pairs, but most of its pairs are between cryptocurrencies.


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